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Subject: Warner Brothers wins... FLAWLESS VICTORY!
Posted by:
Total-MK on Sun Jun 28, 2009 07:39 AM
Yes! Today bidding for Midway Games has officially closed and while Warner Brothers expressed interest in bidding for the company apparently others to wanted to enter the bidding race, however when the bidding started it seemed that only Warner Brothers were willing to buy the Chicago based company, making that a flawless victory in my eyes. All I can say is I am glad Warner Brothers won the bid, once everything is sorted out with Vin Disel's Company Tigon Studios and Larry Kassanoff, the bid should go through fully. Congrats to Warner Brothers!

Source: http://latimesblogs.latimes.com/technology/2009/06/warnerbuysmidway.html










Subject: Lawrence Kasanoff sues Midway over IP rights!
Posted by:
Total-MK on Sun Jun 28, 2009 07:09 AM
Can you believe this shit? Lawrence Kasanoff a name not heard in about 10 years has had the balls to sue Midway just before there bidding has ended for the company. Kasanoff is claiming that his company Threshold Entertainment helped to put MK characters like Scorpion and Sub-Zero on the map...yeah right, Those names exsisted before we even knew your name Larry SO BACK OFF. Anyway, as a result this may delay the selling of Midway until this mess is sorted out. read the article below:

"Mortal Kombat Film Producer Sues Midway Over IP Rights

The man who brought Mortal Kombat to the big screen has sued Midway in U.S. Bankruptcy Court over what he claims are his intellectual property interests in the franchise. The suit may interfere with a proposed $33 million sale of Midway assets to Warner Bros.

In a complaint filed yesteday, Lawrence Kasanoff, through his company, Threshold Entertainment, asked the Court to preserve his IP rights including copyrights to certain MK series characters. Kasanoff also wants to retain the right to create derivative film and television projects based on the popular fighting game franchise.

Kasanoff claims that it was he who made Mortal Kombat more than just a video game:

In 1993, Kasanoff visited Midway... with an idea to launch the Mortal Kombat concept in a totally new direction. Specifically, Kasanoff proposed to develop... a full feature-length motion picture, a television series, and other productions. Midway was initially skeptical, as Kasanoff's idea was revolutionary at the time...

The Mortal Kombat series, as it stands today, is far more a creation of Threshold and Kasanoff than of Midway. Midway's creative input was almost entirely limited to the videogames. On their own, the videogames provided only minimal back-story and mythology, and only flat, "stock" characters... Kasanoff and Threshold were responsible for virtually all of the creative input that went into turning the videogame concept into a multimedia enterprise.
In his lawsuit, Kasanoff also claims credit for making MK characters like Liu Kang, Sonya Blade and Scorpion into recognizable names. The suit estimates that the franchise has grossed more than $4 billion over the years.

In petitioning the Bankruptcy Court, Kasanoff seeks to block the proposed sale of Mortal Kombat assets to Warner Bros.

DOCUMENT DUMP: Grab a copy of Kasanoff's complaint here."

Source: http://www.gamepolitics.com/2009/06/25/mortal-kombat-film-producer-sues-midway-over-ip-rights






Subject: Mortal Kombat 9 set to be GORY and SHOCKING!!
Posted by:
Total-MK on Fri Jun 19, 2009 01:00 PM
Ok now that I have your attention, it seems that the MK Team plans on making the next MK gory with sickening fatalities. It all started today when Ed Boon started to talk about motion capture for the fatalities and claimed "they are kinda sick" I think this statement got the fans real excited...myself included. I have posted Ed's Twitter comments below for you guys to check out, enjoy!!










Subject: MK vs DCU - DLC not coming...unofficial talk from Ed
Posted by:
Total-MK on Thu Jun 11, 2009 12:34 PM
As you guys my or may not know, Ed likes to post on Twitter like me, and I was sorta surprised today to read a few tweets from Ed and another Twitter user "bawkz" bawkz had asked Ed about DLC...like the other 10 million fans, and Ed actully replied with an answer that is fairly dissapointing. But I would like to point out that this is UNOFFICAL TALK THIS IS NOT AN OFFICIAL ANSWER FROM MIDWAY OR THE MK TEAM ABOUT DLC, but from the looks of things it is not happening. Check out the image below.

Sources:
http://www.twitter.com/noobde
http://www.twitter.com/bawkz










Subject: Aussie MK Bargin!! MK vs DCU only $24.95!!!!!
Posted by:
Total-MK on Wed Jun 10, 2009 10:19 AM
Wow, this comes as a shock. But if you are Aussie and have not picked up MK vs DCU yet here is your chance to get it at a price that is pretty much impossible to beat.The games website www.games101.com.au is selling MK vs DCU on PS3 and Xbox 360 for only $24.95...wtf have they gone mad? Normaly its $119.95!!! So if you don't have it, here is your chance. Talk about a Herotic Brutality of epic proportions!
Click the image to check it out.












Subject: Midway searching for MK9 Voice Over Talent?
Posted by:
Total-MK on Sun Jun 07, 2009 10:48 AM


This could be the very first peice of news MK9 related, however while this article looks legit it seems to give to much info out in a public domain...so I have my doubts. I will ask Midway about it and see if I can get a comment for now check it out:

Basicly, if this list is legit it hints at these characters being in MK9:
FEMALE 3 = Jade
MALE 5 = Sektor ?
MALE 8 = Nightwolf ?
MALE 9 = Cyrax
MALE 10 = Shang Tsung
MALE 11 = Kung Lao
MALE 13 = Jax


# # #

Wednesday, May. 27, 2009, 8:58 PM Pacific

MORTAL KOMBAT 9 VIDEO GAME
Voice Over
Video Game for Midway…

SUBMISSIONS BY MONDAY, JUNE 1ST AT 12 NOON…
ALL ROLES ARE VOICE OVER ONLY

[ FEMALE 3 ]
Allegiance: villain Age: 1,000s of years Actor/Voice: African-American or Middle Eastern, 20s or 30s; commanding but still feminine (think Hallie Berry as Storm in the X-Men but with no accent) She is one of many warriors forced to serve the Emperor. Best friend to Female 4, daughter of the emperor, her loyalties are tested when Female 4’s allegiance to begins to wane towards the Resistance.

[ MALE 5 ]
Race: Asian, becomes a Cyborg Country of origin: unknown Allegiance: neutral Voice: low, powerful, slight accent Age: 30s Male 5 is possibly the most ruthless of the secretive assassins. A technology enthusiast, he volunteered to be the first to undergo transformation to a cyborg. His enhanced skills and hard-hearted nature make him the perfect killing machine. He now searches for rogue clan members in order to bring them back to for cyber-conversion.

[ MALE 8 ]
Race: Native American (possibly Lakota Sioux) Allegiance: hero Age: 30s-40s Voice: Smooth, low, calm Male 8 is a great Native American shaman and thus is intimately connected to the spirit world. These powers, in combination wih his superior fighting skills, make him a most trusted ally, and one of the most formidable protectors of Earth.

[ MALE 9 ]
Race: African-American Allegiance: neutral, becomes a villain Age: 20s Male 9 is a member of the secretive ninja assassins’ guild. As such, he’s loyal to whoever pays him. Unlike his fellow members, however, there are certain lines he won’t cross. His interest in the guild seems to be waning, especially after learning of their plans to convert some of their members into cyborgs.

[ MALE 10 ]
Race: sorcerer Allegiance: villain Voice: slight indeterminably Asian accent in two versions: ancient and 40s An evil sorcerer, Male 10 hosts the Mortal Kombat tournament and is the final opponent of any Earth warrior skilled enough to survive to the championship round. His command of sorcery allows him to morph into other warriors, taking on their strengths and abilities. To sustain his life, he consumes the souls of those he defeats. He begins the story as a withered old man, but later is rejuvenated.

[ MALE 11 ]
Race: Chinese Allegiance: Shaolin monks (hero) Actor: Asian male, 20s, slight undeterminably Asian accent Male 11 is a Shaolin monk. He fought for the right to represent Earthrealm in the Mortal Kombat tournament but lost to his friend and rival. Younger and less experienced than his counterpart, his skill is unquestioned. He just needs to learn how to keep his emotions and impulsiveness in check.

[ MALE 13 ]
Race: African-American Allegiance: U.S. Special Forces (hero) Age: 30s Male 13 is the commander of a secret Special Forces unit. While pursuing a black-market arms dealer, he and his subordinate are forced to participate in the Mortal Kombat tournament. They try to complete their mission in the midst of otherworldly creatures wielding fearsome magical powers. He is built like a linebacker and is proficient in cutting-edge technology. Eventually his kombat skill is increased when his arms are replaced with super-powerful cybernetic prosthetics.

# # #
Source: http://supererogatory.tumblr.com/post/114163470/wednesday-may-27-2009-8-58-pm-pacific-mortal







Subject: It has begun! Bidding for Midway's IP from June 2!
Posted by:
Total-MK on Fri May 29, 2009 09:11 AM


From June 2-24 bidding will begin for Midway's IPs. Basicly each game is an IP (Intellectual Property) and Midway's biggest and most classic game licences are up for grabs including Mortal Kombat of course. I hope WB wins the bid...I think they could bring alot of healthy support to the company but we will just have to wait and see! Read the official press release below.


# # #

MIDWAY ANNOUNCES TIMEFRAME FOR SECTION 363 SALE PROCESS

Assets for Sale Include Four Studios, European and North American Publishing Groups,
Iconic Mortal Kombat, TNA Wrestling License, Open World Games, Casual Games, and
Full Classic IP Library

Bid Groupings Can Be Formed with Multiple Interested Parties to Compete with Stalking Horse Bid


CHICAGO – May 28, 2009 –
Midway Games Inc. has established the timeline for the expected sale of Midway’s assets to the highest bidders in accordance with the sale and bid procedures motion filed with the Bankruptcy Court pursuant to Section 363 of the United States Bankruptcy Code.

Midway recently announced a "stalking horse" asset purchase agreement, which is expected to receive court approval, subject to higher or better bids, in a hearing on June 2, 2009. Following this hearing, there will be a period during which Midway, through its financial advisor, Lazard, will accept binding offers up to June 24th, 2009, to acquire some or all of the Company's assets. An auction will be held on June 29th to determine the bid or combination of bids that achieves the highest value, followed by a court hearing to approve the sale to the winning bidder or bidders on July 1st, and then a final closing. All bids must comply with the bid procedures order to be issued at the hearing on June 2, 2009.

The "stalking horse" asset purchase agreement includes a significant portion of Midway's assets, however not all of the assets were included in the agreement. The bidding process allows for interested parties to bid on sets of assets including those not in the agreement, and multiple bidders can be formed into a group whose bids in the aggregate constitute a greater value than the initial stalking horse bid. Successful bidders will be buying only Midway's assets, and will not assume nor be responsible for any of the company's debt or liabilities, including any secured or unsecured notes, credit facilities, or trade obligations.

Midway's considerable intellectual property assets span some of the most successful sectors in the video game industry. Midway is well known for fighting games, with its more than $1.5 billion franchise, Mortal Kombat, as well as the video game license for the fastest-growing wrestling league, Total Nonstop Action (TNA) Wrestling. Midway's development teams are known worldwide for their expertise in fighting game mechanics, motion-capture integration, and AAA production values.

Midway also has strong capabilities in open-world games, including the highly-detailed action-adventure game currently in development, This is Vegas, and the recently released open-world driving game, Wheelman. The development barriers to entry in this genre are considerable, and Midway has an engine in place and expertise to create high-quality, expansive open-world games.

Midway has a long legacy of arcade-style casual and classic intellectual property, with 50 years of popular arcade classics such as Spy Hunter, Rampage, Joust, Paperboy, Gauntlet, and many more. This, coupled with Midway's recent blockbuster success with the three-million-plus unit selling franchise Game Party and the 1.5 million unit selling TouchMaster franchise, comprises a full line of casual and family games. There are a number of games currently in production for a wide variety of platforms including Nintendo DS/DSi and Wii, Xbox 360 Live Arcade, Apple iPhone, Sony PSP and PS3, and online.

Qualified interested parties should review the asset purchase agreement and bidding procedures filed with the court, and contact Midway or Lazard's Kayvon Bina (Kayvon.Bina@lazard.com) as soon as possible for more information on Midway's assets and how to place a bid.

About Midway

Midway Games Inc. (OTC Pink Sheets: MWYGQ), headquartered in Chicago, Illinois, with offices throughout the world, is a leading developer and publisher of interactive entertainment software for major videogame systems and personal computers. More information about Midway and its products can be found at www.midway.com.

FORWARD-LOOKING STATEMENTS

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward looking statements include, without limitation, the Company’s beliefs concerning future business conditions, outlook based on currently available information and statements regarding the Company's expectations concerning the bankruptcy process. The Company's actual results could differ materially from those anticipated in the forward-looking statements as a result of these risks and uncertainties. These risks and uncertainties, include, without limitation, (1) the ability of the Company to continue as a going concern or to sell substantially all of its assets as a going concern; (2) the ability of the Company to develop, pursue, confirm and consummate one or more plans of reorganization with respect to the Chapter 11 cases; (3) the ability of the Company to use the purported cash collateral of its purported secured creditor; (4) the ability of the Company to obtain court approval of its motions in the Chapter 11 cases pursued by it from time to time; (5) risks associated with third parties seeking and obtaining court approval to terminate or shorten the exclusivity period for the Company to propose and confirm one or more plans of reorganization, or the appointment of a Chapter 11 trustee or to convert the cases to Chapter 7 cases; (6) the ability of the Company to continue to do business with its vendors and service providers; (7) the ability of the Company to maintain contracts that are critical to its operations; (8) potential adverse developments with respect to the Company's liquidity or results of operations; (9) the ability of the Company to fund and execute its business plan; (10) the ability of the Company to retain and compensate key executives and other key employees; (11) the ability of the Company to attract and retain customers; and (12) any further deterioration in the macroeconomic environment or consumer confidence. Discussion of additional factors that could cause actual results to differ materially from management's projections, forecasts, estimates and expectations is set forth under "Item 1. Business - Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2008, and in more recent filings made by the Company with the Securities and Exchange Commission. Each forward-looking statement, including, without limitation, financial guidance, speaks only as of the date on which it is made, and Midway undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances, except as required by law.

# # #







Subject: Warner Brothers to save Midway?
Posted by:
Total-MK on Fri May 22, 2009 04:11 PM



On thursday Warner Brothers made an offer to Midway to own the majority of the company including it's Chicago and Seattle studios for $33 Million. Midway chose the bidder from the pool of biders, does this mean that Warner own Midway / MK yet? No. There is more bidding processes to go through but hopefully Warner will indeed own Midway and most of it's IP in the near future personally I think it would be GREAT for Warner to own Midway. You can read the official press release from Midway below...warning industry jargon ahead!!


# # #

MIDWAY INITIATES SECTION 363 SALE PROCESS

Seeks Bankruptcy Court Approval for Sale of Assets for a Minimum of $33 Million
Warner Bros. Entertainment Emerges as "Stalking Horse" Bidder


CHICAGO – May 21, 2009 – Midway Games Inc. today announced that it has entered into a "stalking horse" asset purchase agreement with Warner Bros. Entertainment Inc., a subsidiary of Time Warner, Inc. (NYSE:TWX), and filed a sale and bid procedures motion with the Bankruptcy Court to conduct the sale of the Company’s assets pursuant to Section 363 of the United States Bankruptcy Code. The bid procedures will provide for notice to be given to third parties of the pending sale to Warner Bros. Entertainment and offer the opportunity for interested parties to bid on the Company's assets.

Under the agreement, Warner Bros. Entertainment would acquire substantially all of the Company's U.S. assets including its Mortal Kombat franchise and its development studios in Chicago and Seattle for a purchase price of $33,000,000, subject to adjustment as of the closing for changes in inventory, plus the agreed value of the Company's U.S. account receivables. The agreement does not include the Company's development studio in San Diego and the TNA franchise games, nor does it include the Company's development studio in Newcastle which had developed the Company's recently released Wheelman game.

Prior to court approval of the Warner agreement, there will be a court-supervised auction process to facilitate competitive bidding by other qualified buyers. This process is intended to achieve the highest value possible for the Company's stakeholders. The bidding procedures, if approved, would require interested parties to submit binding offers to acquire some or all of the Company’s assets within approximately 30 days of court approval of the bid procedures. Assuming qualified bids are submitted, an auction would be held a few days prior to the sale hearing. A court hearing approving the sale to the winning bidder or bidders would be held soon after the conclusion of the auction, followed by a final closing.

Once the bid procedures have been approved by the Bankruptcy Court, the Company will announce the initiation of the formal bidding process, and at such time interested parties will be asked to contact the Company's financial advisor, Lazard, for more information on the bidding process.

About Midway

Midway Games Inc. (OTC Pink Sheets: MWYGQ), headquartered in Chicago, Illinois, with offices throughout the world, is a leading developer and publisher of interactive entertainment software for major videogame systems and personal computers. More information about Midway and its products can be found at www.midway.com.

FORWARD-LOOKING STATEMENTS

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward looking statements include, without limitation, the Company’s beliefs concerning future business conditions, outlook based on currently available information and statements regarding the Company's expectations concerning the bankruptcy process. The Company's actual results could differ materially from those anticipated in the forward-looking statements as a result of these risks and uncertainties. These risks and uncertainties, include, without limitation, (1) the ability of the Company to continue as a going concern or to sell substantially all of its assets as a going concern; (2) the ability of the Company to develop, pursue, confirm and consummate one or more plans of reorganization with respect to the Chapter 11 cases; (3) the ability of the Company to use the purported cash collateral of its purported secured creditor; (4) the ability of the Company to obtain court approval of its motions in the Chapter 11 cases pursued by it from time to time; (5) risks associated with third parties seeking and obtaining court approval to terminate or shorten the exclusivity period for the Company to propose and confirm one or more plans of reorganization, or the appointment of a Chapter 11 trustee or to convert the cases to Chapter 7 cases; (6) the ability of the Company to continue to do business with its vendors and service providers; (7) the ability of the Company to maintain contracts that are critical to its operations; (8) potential adverse developments with respect to the Company's liquidity or results of operations; (9) the ability of the Company to fund and execute its business plan; (10) the ability of the Company to retain and compensate key executives and other key employees; (11) the ability of the Company to attract and retain customers; and (12) any further deterioration in the macroeconomic environment or consumer confidence. Discussion of additional factors that could cause actual results to differ materially from management's projections, forecasts, estimates and expectations is set forth under "Item 1. Business - Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2008, and in more recent filings made by the Company with the Securities and Exchange Commission. Each forward-looking statement, including, without limitation, financial guidance, speaks only as of the date on which it is made, and Midway undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances, except as required by law.

# # #








Subject: TMK interviews Gil / Marie-Claude Bourbonnais!!
Posted by:
Total-MK on Wed May 06, 2009 11:40 AM
Well a few weeks ago the MK community was shocked at the sudden apperance of the sexy cosplay images of Frost that apperared online at the Midway forums, the images were high quality and had professional FX added to the images as well as an awesome costume. I thought it would be nice to interview Gil who took the photos to see if we will be treated to awesome MK cosplay like this in the future...


Hi There!

TMK: Q. Most of the Mortal Kombat fans freaked out when they saw Marie-Claude bourbonnais as Frost....did you expect this kind of reaction?

Gil: I certainly hoped they would but I never expected it and while I am happy they did, the response was really overwhelming....beyond anything I had ever done.

TMK: Q. What made you want to do a photo shoot as a Mortal Kombat Character?

Gil: Well, it was Marie-Claude herself who proposed it, I was just along for the ride! She designed and assembled the outfit herself and did much of the research on the poses. I was envolved at the studio stage with both the photography and special SFX to create a "game type" environement. the original game was very "low detail" in the Back Ground, so it was important to respect the spirit of it.

TMK: Q. Did Marie-Claude Bourbonnais consider other Mortal Kombat characters before choosing Frost?

Gil: Yes she did, I think what motivated her to chose Frost is the fact that she was naturally very similar and that frost was more of an ecclectic caracter which only the true MK fans would know...in fact, many people reffered to the pics as "sub-zero" or "female sub-zero"..... forgive them for they know not what they are talking about!

TMK: Q. Does Marie-Claude Bourbonnais want to do future Mortal Kombat characters, if so got any ideas?

Gil: YES ! she most certainly does... and not all female!! Right now we are researching 3 caracters from the game and should be in the studio within the next 6 months. The massive popularity of Frost was a great experience but it as also set the bar quite high.... we need to be prepared!

TMK: Q. Who are you favorite female Mortal Kombat warriors?

Gil: Well, I ask for all your readers to forgive my overly obvious response.... Kira, Sindel & Mileena... When I research a caracter, I look at the detail and the physical aspects, these gals have a lot of everything.

TMK: Q. Even the Mortal Kombat co-creator (Ed Boon) and Mortal Kombat producer (Hector Sanchez) saw the images, are you flattered?

Gil: Yes, of course, it was a great monent but quite sincerely, it would never have happened if not for the support of webistes like yours and that of your readers. We do this out of passion, there is absolutly no money in it for us, so receieve such a response makes the investment completly worth our while. Your readers, the fans of MK are what this is all about.

TMK: Q. Would you like to say anything to Ed Boon and Hector Sanchez?

Gil: Yeah.... can you sponsor us?! Seriously, I was very happy with their acknoledgement of our work and I hope to meet their expectations with our future works....and if we are truly "deserving" maybe shake their hands at some point!

TMK: Q. Do you play the Mortal Kombat games?

Gil: ok...well, I'm a child of the 80's so I played the arcade version for many many years...at which I totally sucked... I could never get the combo's down, so you can imagine how "far" I would go! I'm sure Midway made some good money with me!!

TMK: Q. Anything you would like to tell us?

Gil: Not to sound sappy but I whish to thank you and your readers for having spread the word about our Frost project, it really opened many doors for us and got us noticed in Asia. It's no secret that in order to produce a costume like the one Marie-Claude did, to have the Cryo-Jets to produce the ice effects and to hire a top level Hair & Makeup team cost us in the Thousands of dollars.... yeps... thousands... so our ONLY return on this is the buzz that comes from seeing the response & from reading the comments and from we do this out of sheer passion and I hope your readers felt it...and I can't wait to share it again with then all....and if it sucks..... well then, you can combo me until I hear..... Finish Him!

TMK: Q. Who made the Frost costume?

Gil: Marie-Claude Bourbonnais designer and created the costume
-VC PROPS made the mask
-Aztec Airbrush created the intricate designs on the outfit
-Catherine Lavoie was instrumental in the SFX Makeup and Hair
and POLYMORPHE supplied the Latex pants.
Voila... BIG team = Big success!!


TMK: Thanks for taking the time to answer some fan questions...we all look forward to seeing future photo shoots! :D

Gil: Thank you for such generous support and be sure that we will Strike again in the near future!
-


Check out Gil's website at: http://www.gilperron.com/










Subject: Jade 1st character for MK vs DCU - DLC?
Posted by:
Total-MK on Wed Apr 01, 2009 02:22 PM
I recieved a email from one of my contacts this moring all it says is "JADE - DLC?" The "?" on the email was linked to a render of Jade!! It looks alot like the Kitana render from MK vs DCU just with a few minor changes. I hope she doesn't kick as much ass in MK vs DCU as she did in UMK3! Check out the render below!









Subject: TMK Kontent update: MK Releases page updated!
Posted by:
Total-MK on Fri Feb 27, 2009 02:24 PM
I have had alot of plans for TMK, some of those plans include updating older pages that have bugs and getting other pages made up for the site. But because it's only me running this monster I do it when I have time, to be honest updates like these are low-priority as I put my TMK time into making sure we have the latest news for the next MK games, so things like this get put on the back burner. I have been working on updating the "Games / Releases" page on TMK for some time now, basicly this page is a list of all the MK games that are out and on what system. Some of the listings have little tips or sometimes codes. Also the MK games I have reviewed on YouTube are linked to this page, just by clicking the link next to the YouTube icon. The games that don't have the YouTube icon have not been reviewed yet but when they are they will be added to this page.

Click below to check it out!
-TMK










Subject: Midway Says Adios to ESA?
Posted by:
Total-MK on Wed Feb 18, 2009 07:46 AM



Gamepolitics.com have just reported that Midway have left the ESA. For those who don't know who the ESA are, the ESA are the people behind the E3 expo. If this news is true it means that Midway will not be at E3 this year. I recently tried to contact Midway in regards to E3 and recived no reply. In other words this does not look good, however... this news could be old and part of there initial proceedings in filing for bankruptcy. The latest news from Midway (in there latest press release) is that "Court Authorizes Company to Utilize Cash, Continue Salary and Other Employee Benefits, Pay Pre-Petition Claims to Critical Vendors, Pay for Post-Petition Goods and Services" This could me that with the court allowing them to spend money that they may re-submit to the ESA. Only time will tell but for now it remains unconfirmed if Midway will be at E3 2009. I hope they are, as TMK wants to attend E3 2009 and get the latest scoop on Mortal Kombat. You can read the article HERE

Links:
Midway
The ESA
E3 Expo
Game Politics







Subject: MIDWAY RECEIVES COURT APPROVAL OF CASH COLLATERAL!
Posted by:
Total-MK on Tue Feb 17, 2009 09:22 PM
Good news that Midway have been granted cash collateral which means business as usual. Thanks to Shamo for the news lead!




MIDWAY RECEIVES COURT APPROVAL OF CASH COLLATERAL AND OTHER FIRST DAY MOTIONS

Court Authorizes Company to Utilize Cash, Continue Salary and Other Employee Benefits, Pay Pre-Petition Claims to Critical Vendors, Pay for Post-Petition Goods and Services

CHICAGO – February 16, 2009 – Midway Games Inc. (NYSE: MWY) today announced it has received approval from the U.S. Bankruptcy Court for the District of Delaware of its cash collateral and other first day motions, which were submitted as part of its February 12, 2009, voluntary filing for reorganization under Chapter 11 of the U.S. Bankruptcy Code.

As previously announced, the filing includes Midway's U.S. operations, but does not include the company's non-U.S.-operations, which will continue business as normal.

In approving the motions, the court authorized Midway, among other things, to utilize its cash to maintain ongoing operations pending a final hearing; to continue salary and expense-reimbursement payments and other benefits to employees; to honor and perform obligations under its customer programs, such as price protection and Market Development Funds (MDF) programs, regardless of whether these obligations arose before or after the Chapter 11 filing; and to pay certain pre-petition trade claims held by critical vendors. Midway has received court approval to continue using its existing cash-management system and its pre-petition bank accounts and check stock. In addition, the company is authorized under the Bankruptcy Code to pay vendors and suppliers in the ordinary course for post-petition goods and services.

"Approval of these motions is an important first step in this planned and orderly reorganization, enabling Midway to continue to operate as usual during this process," said Matt Booty, Chairman and CEO. "We remain confident in Midway's ability to use this proven process to address our capital structure and explore our strategic alternatives."

About Midway
Midway Games Inc. (NYSE:MWY), headquartered in Chicago, Illinois, with offices throughout the world, is a leading developer and publisher of interactive entertainment software for major videogame systems and personal computers. More information about Midway and its products can be found at www.midway.com.

FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 concerning future business conditions and the outlook for Midway Games Inc. (the "Company") based on currently available information that involves risks and uncertainties. These forward-looking statements include, without limitation, statements regarding the Company's expectations concerning the bankruptcy process, the continuation of day-to-day operations and payments to vendors and employees in the ordinary course. The Company's actual results could differ materially from those anticipated in the forward-looking statements as a result of these risks and uncertainties, including, without limitation, (1) the impact of today's announcement on the Company's operations; (2) the ability of the Company to continue as a going concern; (3) the ability of the Company to obtain approval of and operate pursuant to the agreement with its secured creditor for the use of its cash collateral; (4) the ability of the Company to obtain court approval of the Company's first day papers and other motions in the Chapter 11 proceeding pursued by it from time to time; (5) the ability of the Company to develop, pursue, confirm and consummate one or more plans of reorganization with respect to the Chapter 11 cases; (6) risks associated with third parties seeking and obtaining court approval to terminate or shorten the exclusivity period for the Company to propose and confirm one or more plans of reorganization, or the appointment of a Chapter 11 trustee or to convert the cases to Chapter 7 cases; (7) the ability of the Company to obtain and maintain normal terms with vendors and service providers; (8) the ability of the Company to maintain contracts that are critical to its operations; (9) potential adverse developments with respect to the Company's liquidity or results of operations; (10) the ability of the Company to fund and execute its business plan; (11) the ability of the Company to retain and compensate key executives and other key employees; (12) the ability of the Company to attract and retain customers; and (13) any further deterioration in the macroeconomic environment or consumer confidence. Discussion of additional factors that could cause actual results to differ materially from management's projections, forecasts, estimates and expectations is set forth under "Item 1. Business - Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2007, and in more recent filings made by the Company with the Securities and Exchange Commission. Each forward-looking statement, including, without limitation, financial guidance, speaks only as of the date on which it is made, and Midway undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances, except as required by law.






Subject: MIDWAY U.S. DOWN... BUT NOT OUT!
Posted by:
Total-MK on Fri Feb 13, 2009 09:43 AM



A sad day indeed, but no need to go around saying "Midway's finished!" ect... I get ALOT of messages like that, that is not the case. Midway have filed for a chapter 11 reorganization which is a good thing, it means that all business at Midway will continue on for the time being I know for a fact that the MK team are hard at work on DLC for MK vs DCU and I'm sure Midway will survive, maybe someone will buy out the company and it will change names but I have total faith that the MK Team will survive and that they will continue to produce high quality Mortal Kombat titles. Below is the offical press release from Midway...

MIDWAY'S U.S. OPERATIONS FILE FOR CHAPTER 11 REORGANIZATION

Company notes strong underlying fundamentals, but cites recent change in control as the key trigger in need for planned, orderly reorganization

Midway's European operations are unaffected and continue business as normal


Midway Games Inc. (NYSE: MWY) today announced that the company and its U.S. subsidiaries filed voluntary petitions in U.S. Bankruptcy Court for the District of Delaware for reorganization under Chapter 11 of the U.S. Bankruptcy Code. The filing does not include the company's non-U.S. operations, which will continue business as normal.

In its filing with the Bankruptcy Court, the company cited that the November 28, 2008, change in ownership triggered accelerated repurchase obligations relating to two classes of Midway debt, which Midway anticipated it would be unable to satisfy.

"This was a difficult but necessary decision," said Midway Chairman, President and CEO Matt Booty. "We have been focused on realigning our operations and improving our execution, and this filing will relieve the immediate pressure from our creditors and provide us time for an orderly exploration of our strategic alternatives. This Chapter 11 filing is the next logical step in an ongoing process to address our capital structure."

"Midway enters this process with strong underlying fundamentals, as evidenced by solid fourth quarter sales that exceeded expectations in spite of a challenging retail and general economic environment," Booty added. "Overall, Mortal Kombat vs. DC Universe sales are approaching two million units shipped, TNA iMPACT! has shipped approximately one million units, and our Game Party franchise has sold close to three million units in total."

Midway expects that Chapter 11 protection will enable the company to conduct its business operations as usual. To that end, Midway is seeking approval from the court for a variety of First Day Motions enabling the company to continue managing its operations in the ordinary course. These motions are typical of the restructuring process, and approval is regularly granted.


Midway Games Inc. (NYSE:MWY), headquartered in Chicago, Illinois, with offices throughout the world, is a leading developer and publisher of interactive entertainment software for major videogame systems and personal computers. More information about Midway and its products can be found at www.midway.com.

FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 concerning future business conditions and the outlook for Midway Games Inc. (the "Company") based on currently available information that involves risks and uncertainties. These forward-looking statements include, without limitation, statements regarding the Company's expectations concerning the bankruptcy process, the continuation of day-to-day operations and payments to vendors and employees in the ordinary course. The Company's actual results could differ materially from those anticipated in the forward-looking statements as a result of these risks and uncertainties, including, without limitation, (1) the impact of today's announcement on the Company's operations; (2) the ability of the Company to continue as a going concern; (3) the ability of the Company to obtain approval of and operate pursuant to the agreement with its secured creditor for the use of its cash collateral; (4) the ability of the Company to obtain court approval of the Company's first day papers and other motions in the Chapter 11 proceeding pursued by it from time to time; (5) the ability of the Company to develop, pursue, confirm and consummate one or more plans of reorganization with respect to the Chapter 11 cases; (6) risks associated with third parties seeking and obtaining court approval to terminate or shorten the exclusivity period for the Company to propose and confirm one or more plans of reorganization, or the appointment of a Chapter 11 trustee or to convert the cases to Chapter 7 cases; (7) the ability of the Company to obtain and maintain normal terms with vendors and service providers; (8) the ability of the Company to maintain contracts that are critical to its operations; (9) potential adverse developments with respect to the Company's liquidity or results of operations; (10) the ability of the Company to fund and execute its business plan; (11) the ability of the Company to retain and compensate key executives and other key employees; (12) the ability of the Company to attract and retain customers; and (13) any further deterioration in the macroeconomic environment or consumer confidence. Discussion of additional factors that could cause actual results to differ materially from management's projections, forecasts, estimates and expectations is set forth under "Item 1. Business - Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2007, and in more recent filings made by the Company with the Securities and Exchange Commission. Each forward-looking statement, including, without limitation, financial guidance, speaks only as of the date on which it is made, and Midway undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances, except as required by law.







Subject: TMK MK vs DCU kompetition winners announced!!
Posted by:
Total-MK on Mon Feb 02, 2009 01:32 PM
Tonight we drew the winners for our MK vs DCU kompetition! Congratulations to the winners, you can watch the video below of the drawing. Or read the winners names below!

Thanks agian to Midway & Prima Games.


From the X-Box 360 Draw!

1st prize: Alex Cabral!
2nd prize: Danny Garcia!
3rd prize: Bob Kolvek!

C O N G R A T U L A T I O N S ! !

From the PS3 Draw!

1st prize: Morgan Gladson!
2nd prize: Fran Wilson!!
3rd prize: Jeremy Haney!

C O N G R A T U L A T I O N S ! !

Thanks to everyone for entering
We had about 160 entries, which is great!








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